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America Sports Construction Boom - 1,726 words
America - Sports Construction Boom America is in
the midst of a sports construction boom. New
sports facilities costing at least $200 million
each have been completed or are under way in
Baltimore, Charlotte, Chicago, Cincinnati,
Cleveland, Milwaukee, Nashville, San Francisco,
St. Louis, Seattle, Tampa, and Washington, D.C.,
and are in the planning stages in Boston, Dallas,
Minneapolis, New York, and Pittsburgh. Major
stadium renovations have been undertaken in
Jacksonville and Oakland. Industry experts
estimate that more than $7 billion will be spent
on new facilities for professional sports teams
before 2006. Most of this $7 billion will come
from public sources. The subsidy starts with th ...
Related: america, boom, construction, professional sports, sports, sports facilities

America Sports Construction Boom - 1,760 words
... have escape clauses that allow the team to
move if attendance falls too low or if the
facility is not in state-of-the-art condition.
Other teams have provisions requiring them to pay
tens of millions of dollars if they vacate a
facility prior to lease expiration, but these
provisions also come with qualifying covenants. Of
course, all clubs legally must carry out the terms
of their lease, but with or without these
safeguard provisions, teams generally have not
viewed their lease terms as binding. Rather, teams
claim that breach of contract by the city or
stadium authority releases them from their
obligations. Almost always these provisions do not
prevent a team from moving. Some leases g ...
Related: america, boom, construction, professional sports, sports, sports facilities

Hockey In Canada - 1,919 words
Hockey In Canada Cater Crouch First year Program
Dr. Joseph Jockel March 29, 2000 Hockey in Canada
Ice hockey has in the last hundred years evolved
to become international. Canada is in jeopardy of
losing its six teams. Tradition run deep in all of
the cities and also professional hockey teams
create thousands of jobs and help out in the
communities. Teams in the Canadian market are
having trouble keeping their programs in the black
because of higher taxes and a weaker Canadian
dollar. In order for professional hockey teams in
Canada not to relocate to United States, it is
necessary for Ottawa to provide tax cuts for them.
Professional hockey has been around in Canada for
over one hundred ye ...
Related: canada, hockey, national hockey league, canadian dollar, aerospace industry

The Economy Of The Czech Republic - 1,155 words
The Economy Of The Czech Republic The government
of the Czech Republic faced a political and
financial crises in 1997 shattered their image as
one of the most stable and prosperous
post-Communist states. This somewhat new republic,
despite the financial tribulation, has been able
to reduce their inflation to 10 percent, formed a
balanced budget, and hold unemployment down to
only 3 percent, since their break away from the
former Czechoslovak federation on January 1, 1993.
The countrys gross domestic product (GDP) expanded
in 1994 after losses of nearly 20% during the
first few years of the 1990s. The Czech Republics
GDP is currently about $120.8 billion according to
a 1999 estimate, and the ...
Related: czech, czech republic, economy, republic, western europe

The Rising Tiger: Korea - 759 words
The Rising Tiger: Korea The sudden explosion of
interest in sports in Korea has been closely
linked to the economic boom in industry, beginning
about the middle of the century. The impressive
staging of the 1988 Olympics in Seoul, stands
witness to this fact. In the past few years there
has been a tremendous emphasis on the advancement
of sports policies and rules, along with the
construction of many new sport facilities. As a
result, sports are now an almost daily event for
many residents, and spectator sports are becoming
increasingly more popular. Koreas athletic history
shows an impressive record of achievement in many
international events in recent years. The most
dramatic achievements ...
Related: korea, rising, peoples republic, sports facilities, advancement